November 02, 2025

Get In Touch

Vasai doctor, associate accused of Rs 4.5 lakh investment fraud

Mumbai:In a shocking case of deception and financialfraud, a Vasai-baseddoctorand her associate have been booked for allegedly cheating a 79-year-old man out of Rs 4.5 lakh by luring him into a fake investment scheme involving antiques and rare metals. According to the Achole police, the victim, Shabbir Nagdawala, a resident of Evershine City in Vasai East, was acquainted with a doctor who runs a clinic on Ambadi Road in Vasai West. In July, during a routine visit to her clinic, the doctor introduced Nagdawala to a man who claimed to be a DRDO scientist. He reportedly presented a fake identity card, which convinced Nagdawala of his credentials. Since a respectable doctor vouched for him, I did not have any doubt,” said Nagdawala. Also Read:92-Year-Old Retired Doctor Duped of Rs 21 Lakh in Insurance Fraud Speaking toHindustan Times, the Achole police officers said that they have registered an FIR under sections 318 (4) (cheating), 316 (2) (criminal breach of trust), and other relevant sections of the Bharatiya Nyaya Sanhita (BNS). “We have called the complainant to record a detailed statement. After that, we will know what kind of antiques were promised,” said police sub-inspector Guru More, of Achole police station. The case raises fresh concerns about rising financial fraud targeting senior citizens. Also Read:Mumbai doctor duped of Rs 25 lakh in online trading fraud

Disclaimer: This website is designed for healthcare professionals and serves solely for informational purposes.
The content provided should not be interpreted as medical advice, diagnosis, treatment recommendations, prescriptions, or endorsements of specific medical practices. It is not a replacement for professional medical consultation or the expertise of a licensed healthcare provider.
Given the ever-evolving nature of medical science, we strive to keep our information accurate and up to date. However, we do not guarantee the completeness or accuracy of the content.
If you come across any inconsistencies, please reach out to us at admin@doctornewsdaily.com.
We do not support or endorse medical opinions, treatments, or recommendations that contradict the advice of qualified healthcare professionals.
By using this website, you agree to our Terms of Use, Privacy Policy, and Advertisement Policy.
For further details, please review our Full Disclaimer.

0 Comments

Post a comment

Please login to post a comment.

No comments yet. Be the first to comment!